The launch of TrueUSD - crypto currency, tied to the rate of USD. Investors can buy tokens for dollars, while providing regular audit and legal protection. Access is provided to institutional investors, hedge funds, traders and exchanges.
The developers believe that TrueUSD will become a stable trading tool for crypto-currency traders, as well as allow private investors and businesses to use tokens as a means of exchange.
"I was looking forward to running a transparent, adjustable and stable token. TrueUSD will simplify the use of the BlockTower platform for the exchange of crypto-currencies between exchanges. BlockTower can be considered the pride of the developers and consultants of TrustToken ", - commented (Ari Paul) from BlockTower Capital.
What do TrueUSD owners get?
Legal protection - regular audit and legal protection for the owners of tokens.
Support for the dollar - any investor with a verified account that passed the standard KYC / AML check has the right to buy TrueUSD for the US dollar.
Reliable fund management - the legal framework allows you to directly exchange dollars with escrow. In other words, the account of each investor connects to the platform of banking partners for the purchase or sale of TrueUSD. This reduces risks and ensures stability.
Full security - each token is provided with US dollars, which are stored on escrow accounts. Publicly audited smart contracts provide a 1: 1 parity between TrueUSD in circulation and USD on accounts.
Regular audit - professional audit will be conducted regularly on the accounts.
Cooperation with the community
The company created tokens, because in the crypto-currency community there was a huge demand for a reliable stable coin.~
TrueUSD is released on the TrustToken platform, which provides legal protection and regular auditing. The developers believe that the creation of a reliable and stable crypto currency, supported by the US dollar, solves an important problem for the crypto community.
"The post has an informative character"
they are both different on their on system and features but nowadays tethere is leaving by their traders and tusd is now one of a stablecoin taht is leading in the market and they are having their only 1% trading fee payment because they have a 99% trading fee discount on kucoin
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